Lookonchain APP

App Store

CFTC to Host Cryptocurrency CEO Forum to Discuss Digital Asset Market Pilot Program

2025.02.08 00:32:34

On February 8th, as per Fox Business reporter Eleanor Terrett, it is reported that the U.S. Commodity Futures Trading Commission (CFTC) is planning to hold a Chief Executive Officer Forum. The purpose of this forum is to discuss the CFTC's digital asset market pilot program, with a focus on tokenized non-cash collateral like stablecoins. The participants comprise leaders from Circle, Coinbase, Crypto.com, and Ripple. The crypto pilot program and the concept of expanding non-cash collateral through Distributed Ledger Technology were proposed by the current CFTC Acting Chairman Caroline Pham.
Relevant content

A whale has once again increased its holdings by acquiring 4415 ETH, with an average purchase price of around $1900.

On May 9th, according to TheDataNerd's monitoring, 5 hours ago, the Whale user "0xbA7" deposited 9.47 million USDT into Bybit and purchased 4415 ETH.
The total holdings of this whale have increased to 7130 ETH, approximately $15.81 million, with an average entry price of around $1900.

12 minutes ago

dYdX: Reminder to Users to Migrate ethDYDX Soon, Cross-Chain Bridge Support May Be Discontinued

On May 9th, dYdX's official announcement indicated that there still remain more than 88.3 million ethDYDX tokens that have not been migrated to the native DYDX on-chain. Previously, Nethermind proposed to cease the support for the dYdX chain cross-chain bridge in approximately 23 days. At that time, unmigrated tokens may become unswappable.

12 minutes ago

The US fast food chain Steak 'n Shake will accept Bitcoin payments at all its locations nationwide

On May 9th, according to Decrypt, the U.S. chain fast food brand Steak 'n Shake announced that starting from May 16th, all its stores in the US will begin to support Bitcoin payments. This enables over 100 million customers to use Bitcoin to purchase products like burgers and milkshakes. Unlike other chain stores that have only carried out small-scale pilot projects, this is a rare and comprehensive adoption of cryptocurrency payments within the fast food industry. Steak 'n Shake had previously teased this move on social media as early as March of this year and attracted the attention of several prominent figures, including former Twitter CEO Jack Dorsey.

12 minutes ago

CZ: The inability to hodl Bitcoin often stems from a lack of understanding of technology, finance, and the world

On May 9th, Binance's founder CZ wrote on X and stated, "The reason for not being able to firmly hold Bitcoin often lies in the lack of understanding of technology, finance, and the world. If you only buy Bitcoin because others told you to, then your determination to hold during times of panic will be very low." Yesterday evening, CZ wrote, "Bitcoin investment is very simple. Just don't sell in a panic."

12 minutes ago

A whale has transferred 32.52 million NEIRO from a CEX, becoming the third largest on-chain holder.

On May 9th, according to the monitoring of Spotonchain, in the past hour, the whale '0x22b7' transferred 32.52 million NEIRO from a centralized exchange. This transfer was approximately $3.01 million and accounted for 3.25% of the total supply, making it the third-largest whale in terms of on-chain holdings.

12 minutes ago

LD Capital Founder Jack Yi Explains Reasons for Being Bullish on ETH

On May 9th, JackYi, the founder of LD Capital, elaborated on the reasons for his strong bullish view on ETH at $1700. This mainly based on the following factors: The foundational position of the Ethereum ecosystem and its L1 development strategy; The price correction from the previous all-time high; The significant scale of short positions in the current market; Its market influence as one of the mainstream crypto assets through ETF products.

12 minutes ago